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HEADLINE: US Fiscal Crisis and the Politics of Debt GUEST NAME: Veronique de Rugy SUMMARY: John Batchelor speaks with Veronique de Rugy about the federal budget impasse and America's escalating debt crisis. The government has been operating solely on borrowed money since September 21, adding $2 trillion annually to the debt. Both parties avoid addressing fundamental fiscal problems through continuing resolutions that extend previous spending levels. Republicans claim fiscal responsibility while adding to the debt, and Democrats leverage shutdown threats to expand Obamacare subsidies. De Rugy argues that only entitlement reform of Medicare, Medicaid, and Social Security can solve the crisis, along with ending private sector subsidies and reducing federal involvement in state affairs
HEADLINE: US Fiscal Crisis and the Politics of Debt GUEST NAME: Veronique de Rugy SUMMARY: John Batchelor speaks with Veronique de Rugy about the federal budget impasse and America's escalating debt crisis. The government has been operating solely on borrowed money since September 21, adding $2 trillion annually to the debt. Both parties avoid addressing fundamental fiscal problems through continuing resolutions that extend previous spending levels. Republicans claim fiscal responsibility while adding to the debt, and Democrats leverage shutdown threats to expand Obamacare subsidies. De Rugy argues that only entitlement reform of Medicare, Medicaid, and Social Security can solve the crisis, along with ending private sector subsidies and reducing federal involvement in state affairs. 1870 NEW ORLEANS
Veronique de Rugy defines industrial policy as central planning using subsidies and tariffs to shape the economy. She argues the US already succeeds best through limited government and free trade principles. 1887
Veronique de Rugy of the Mercatus Center questions the need for US industrial policy, arguing that the existing system of limited government and free trade, which produces unparalleled tech and wealth, is already superior. 1790 ADAM SMITH
HEADLINE: US Industrial Policy Criticized as Ad-Hoc State Capitalism GUEST NAME: Veronique de Rugy SUMMARY: Veronique de Rugy analyzes government support for Intel and Nvidia's investment as state capitalism, distinct from cronyism. She criticizes government intervention, predicting poor outcomes when businesses operate under political pressure. The Trump administration's industrial policy lacks clear philosophy, creating uncertainty that could "kill investments" through unpredictable, reversible decisions. 1941
PREVIEW: GUEST NAME: Veronique de Rugy SUMMARY: John Batchelor speaks with Veronique de Rugy about the Trump administration's inconsistent industrial policy. De Rugy explains it's transactional, based on "deal-by-deal" decisions, not a clear philosophy. She notes the logic is hard to follow, as it's not consistently about fighting China or semiconductors, citing Nvidia's sales to China. 1907 NYSE
Veronique de Rugy critiques US tax "carveouts," identifying them as inefficient special interest deductions that often fail to incentivize desired behaviors, citing employer health insurance and mortgage interest deductions. While a flat tax would streamline the system and boost economic growth by focusing on consumption, de Rugy emphasizes that no tax system alone can resolve the severe US debt crisis; crucial reforms to Social Security and Medicare are indispensable. 1870 SIEGE OF PARIS
PREVIEW:De Rugy: Veronique de Rugy explains a flat tax wouldn't solve the severe US debt problem, which is worse than taxes alone can fix. Reforming Social Security and Medicare is crucial. MORE LATER. 1960
• Guest Name: Veronique de Rugy • Affiliation: Mercatus Center • Summary: Veronique de Rugy strongly critiques the proposal for a US sovereign wealth fund, arguing it's a poor idea given the US's high debt-to-GDP ratio and existing budget deficits. She contends that borrowing to invest would be fiscally unsound and would lead to "cronyism on steroids," as government investment decisions are driven by political priorities rather than viable market opportunities, unlike private sector investments. 1910 JUNEAU ALASKA
Market: The Fed and stability. Veronique De Rugy, Mercatus 1945 LIBRARY OF CONGRESS
Preview: Federal Reserve. Colleague Veronique de Rugy comments on the likely necessity of the Federal Reserve being called to stabilize the country by lowering rates to offset the uncollectable debt from unrestrained spending. More later. 1917
Preview: Tariffs. Colleague Veronique de Rugy remarks how tariffs are inefficient and more distortive than corporate taxes. More later. 1907 NYSE
Market: Tariffs fail. Veronique de Rugy 1870 CASTLE GARDEN
Market: Climate and the predicted apocalypse. Veronique de Rugy, Mercatus Center 1958
NEW Fed choice. Veronique de Rugy 1936 LIBRARY OF CONGRESS
Markets: Taxes are not an answer, higher or lower. Veronique de Rugy, MERCATUS CENTER, GEORGE MASON UNIVERSITY 1941 LUZERNE COUNTY, PA.
PREVIEW: FEDERAL RESERVE Colleague Veronique de Rugy comments that the Trump administration will undermine market confidence if the Fed chair is forced out. [MORE] 1917 FED BOARD
CONGRESS: CUTTING ENERGY SUBSIDIES VERONIQUE DE RUGY APRIL 1957
CONGRESS:; HSA GROWING. VERONIQUE DE RUGY, MERCATUS CENTER, GEORGE MAASON UNIVERSITY 1951 NEWARK NJ
CONGRESS: GOOD BAD UGLY OF THE BIG BEAUTIFUL BILL, NOW ACT. VERONIQUE DE RUGY, MERCATUS CENTER, GEORGE MASON UNIVERSITY. 1892 SCOTUS
CONGRESS: GOOD BAD UGLY OF THE BIG BEAUTIFUL BILL NOW ACT. VERONIQUE DE RUGY, MERCATUS CONTINUED 1907 NYSE
PREVIEW BIG BEAUTIFUL BILL: Colleague Veronique de Rugy comments on how Congress cannot dissolve the debt because it cannot solve spending. More. 1937
durée : 00:06:10 - La Terre au carré - par : Mathieu Vidard - Dans les dix dernières minutes de l'émission, Théo Mouraby de Vert le média donne des nouvelles de François de Rugy au travers de son enquête, ainsi que vos messages laissés sur le répondeur de l'émission. - réalisé par : Jérôme BOULET
GOP: FEARFULOF ENTITLEMENTS. VERONIQUE DE RUGY 1903
PREVIEW: Colleague Veronique de Rugy comments on the inadequacies and worse of the big beautiful bill in reconciliation. More.. 1918
GOP: DISAPPOINTING TAX AND SPEND BILL. VERONIQUE DE RUGY 1903
POTUS: DISAPPOINTING BUDGET. VERONIQUE DE RUGY
Preview: Colleague Veronique de Rugy recommends a tax plan that does not penalize savings as the current confusing and special interest laden regime. More later. 1940 THE GREAT DICTATOR
#tTARIFF AND TAXES. VERONIQUE DE RUGY 1930 MOTT STREET
"Colleague Veronique de Rugy of Mercatus Center answers the inquiry, do higher tariffs drive inflation? The starting answer is, tariffs are a tax on us. More later." 1963 NYSE
#MRMARKET: TARIFFS COST MANUFACTURING JOBS. VERONIQUE DE RUGY, MERCATUS
PREVIEW: Colleague Veronique de Rugy comments on how the tariffs on inputs needed for manufacturing in America will lead to job reduction. More later. 1920 LA
TARIFFS. EXPENSIVE . VERONIQUE DE RUGY MERCATUS CENTER. 1895 NYC
PREVIEW: Colleague Veronique de Rugy of the Mercatus Center comments that tariffs make manufacturing in America more expensive for producer and consumer. More later. SEPTEMBER 1954
.#POTUS: EXITING EDUCATION DEPARTMENT. VERONIQUE DE RUGY, MERCATUS 1905 NORMAL SCHOOL, LA
#TARIFFS: NO USEFULNESS.. VERONIQUE DE RUGY, MERCATUS 1908 NYSE
DOGE: WHAT WOULD MILTON FRIEDMAN DO? VERONIQUE DE RUGY, MERCATUS CENTER. 1863 THIRD AVENUE: PEAR TREE PLANTED 1647
#DOGE IN DC: WHAT CONGRESS MUST DO. VERONIQUE DE RUGY, MERCATUS CENTER DC 1834
Tonight's rundown: Hey BillOReilly.com Premium and Concierge Members, welcome to the No Spin News for Monday, February 17, 2025. Stand Up for Your Country. Talking Points Memo: Bill breaks down the truth about wasteful government spending, detailing where funds have been misused and where they have not been allocated. Dr. Veronique de Rugy joins the No Spin News to discuss Donald Trump and Elon Musk's cost-cutting plans and opines on whether it's a mistake for Democrats to oppose Musk. A new poll shows Kamala Harris is the Democratic front-runner for California Governor. CBS's Margaret Brennan is facing backlash over her reaction to VP Vance's Munich speech. This Day in History: The House of Representatives broke an electoral tie between Thomas Jefferson and Aaron Burr, making Jefferson president and Burr vice president. Final Thought: Saturday Night Live 50th anniversary special. In Case You Missed It: Read Bill's latest column, The Pope vs. The Founding Fathers Stand out from the crowd with our NEW Not Woke baseball cap for just $28.95! For a limited time, get Bill O'Reilly's bestselling The United States of Trump and a No Spin Mug for only $39.95. Get Bill's latest book, CONFRONTING THE PRESIDENTS, out NOW! Now's the time to get a Premium or Concierge Membership to BillOReilly.com, the only place for honest news analysis. Learn more about your ad choices. Visit megaphone.fm/adchoices
#MRMARKET: DOGE ISN'T SUFFICIENT FOR THE DEBT. VERONIQUE DE RUGY, MERCATUS 1834 https://www.creators.com/read/veronique-de-rugy/02/25/the-upside-risks-and-limits-of-doge
DOGE: Fraud and error payments in entitlements. Veronique De Rugy https://www.creators.com/read/veronique-de-rugy/02/25/personnel-is-policy-hassett-brings-fiscal-responsibility-to-the-white-house#google_vignette 1901 UNCLE SAM AND W. MCKINLEY
PREVIEW - EU TAXATION Colleague Veronique de Rugy explains why the EU's favorite tax vehicle, the VAT, is not the same as a tariff. More details later. 1884 BRUSSELS
MrMrket: All eyes on the contested 2017 Tax Cut and Jobs Act. Veronique De Rugy, Mercatus Center 1914 Bankers
Preview: Colleague Veronique De Rugy (Mercatus Center) on the Challenge of Extending 2017 Tax Cut and Jobs Act Without Increasing Federal Debt. More Later. 1896
#MrMarket:Government spending is sticky inflation. Veronique De Rugy Mercatus Center. 1888 Manhattan
GOP: Fiscal responsibility and the 2017 tax cut. Veronique De Rugy. Mercatus Center 1920 Capital Hill
DOGE: Regulation costs 30% extra. Veronique De Rugy, Mercatus 1910
Preview: DOGE: Colleague Veronique de Rugy comments on the uniform regulatory blundering of the National Environmental Protection Act. More later. Skagit River
MRMARKET: Double taxation & What is to be done? Veronique De Rugy, Mercatus NYSE 1939
#MRMARKET: FTC vs. Bigness, failing. Veronique de Rugy, Mercatus 1912 Waiting for Bryant to speak.